Jul 7 2021, 10:39 AM
QUOTE(infernape772 @ Jul 7 2021, 10:23 AM)
I will consider MIDF for now because 0 brokerage fees till 31 July, and obviously regulated and approved by SC. And I don't have to try to open a CIMB account. especially now banks only taking in walk-in appointments.
Tiger and moomoo is regulated by MAS as well. CIMB fastsavers is totally online. The fees for MIDF is also insane.
Until July: Trade Value ≤ USD1,000, Brokerage: USD0T
Trade Value > USD1,000, Brokerage: USD5 min or 0.40% of trade value
So trades is going to be at 0.4% of value?
Stamp Duty - RM1 for every RM1,000 equivalent value(capped at RM200)
Custody fee - 0.06% p.a. of the daily market value of your investment portfolio with us and will be deducted directly from your USD Cash Account on a daily basis.
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